For Sale
$860,000

3813 Stonefield DrOrlando, FL 32826

Two-unit, high-yield rental property near UCF.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A multifamily investment opportunity consists of two meticulously maintained, two-story single-family homes ideally situated near the University of Central Florida in Orlando, Florida. Built in 2000, each unit boasts three bedrooms and 2.5 bathrooms, providing ample space for students. Convenient in-home laundry rooms and two-car garages add to the appeal. Currently operating at 100% occupancy, generating a substantial monthly income of approximately $8,000 ($4,000 per unit). The property sits on a 0.14-acre lot and is zoned P-D. With a strong NOI of $75,360 and an attractive 8.76% cap rate, this portfolio presents a compelling investment opportunity with significant potential for future growth. The current occupancy date is September 3, 2024. This turnkey investment is perfect for a seasoned investor seeking a stable, high-yielding asset in a desirable location. The property's proximity to UCF ensures consistent demand and high occupancy rates. This is a rare chance to acquire a well-maintained, high-performing rental portfolio in a thriving market.

Highlights

  • $860,000 Asking Price
  • 8.76% Cap Rate
  • 100% Occupancy
  • $75,360 Net Operating Income (NOI)
  • Two (2) units, six (6) bedrooms total
  • Built in 2000, two-story building on a 0.14-acre lot in Orlando, FL.

Property Details for 3813 Stonefield Dr

Property type
Residential income homes, Dormitories
Class
A
Year Built
2000
Stories
2
Lot Size (sq. ft)
6,098 SF
Units
2

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.6064209
Longitude
-81.1679755
3813 Stonefield Dr, Orlando, Florida

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3813 Stonefield Dr
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